CUAN, BREN, DSSA Prepare Buyback, DMAS Raise Target Sales

The Indonesian Stock Exchange is back in the red zone. IHSG on Monday (19 / 10) closed down 3.64% to level 4.996.61. A number of stocks are still moving up in the middle of market pressure. BSIM became the biggest stock, which is 24.83%, and then AADI rose 2.78% and DSSA grew 2.10%. On the other hand, BBCA corrected 6.86%, BYAN dropped 6.95%, while BBRI was down 3.79%.

Pressure is also visible from foreign investor activity. In regular markets, foreign investors include a Rp2.28 trillion net sell. If counted across the market, alien net sell recorded Rp1.72 trillion.

None of the sectors were able to boost. As many as 11 sectors ended up weakened, with the Basic Industry sector becoming the most depressed after 4.57% drop.

Meanwhile, the United States stock market is moving differently. Dow Jones goes down thin 0.07% to 51.966, whereas S & P 500 goes up 0.41% to 7.690 and Nassaq goes up 1.11% to 26.430.

BEI will release all the shares that are on the High Shareholding Construction (HSC) list from the IHSG account.

That step is intended to increase the index credibility and provide an IHSG movement image that is more appropriate to market conditions, in the midst of attention to high-level stock concentrations. However, this policy does not mean that HSC stock will be removed from the trade.

The shares can still be bought at BEI, only the price changes no longer affect the IHSG calculation. At this time, the stock on the HSC list has about 18% weight to the IHSG.

According to OJK matter, total stock capitalization of HSC has reached Rp3,076.5 trillion or 28.8% of the total capitalization of BEI market per September 2026. The HSC list now covers 83 shares. That number increased after BEI entered 19 new shares on October 12-13, 2026.

In addition to changing IHSG computing components, BEI will also include information on affiliated status in the publication of shareholders who own 1% or more.

The date starts with both policies will be delivered later. Meanwhile, related developments sanctioned against HSC stock will be updated by OJK.

DMAS raises target marketing sales 2026 to Rp2.95 trillion. The target is up 41.83% over the previous target by Rp2.08 trillion.

The target rise occurs as industrial land demand increases, especially from the data center sector. Until September 2026, the DMAS had bagged the sales salesman Rp2.61 trillion.

That realization is equal to 88.57% of the new target and has already reached 125.91% of the original target. A data center segment became one of the main contributors of the sales of the company industry.

DMAS's financial performance also grew in the first half of 2026. Income recorded Rp1.80 trillion, jumped 1964% instead of Rp613 billion in the same period the previous year.

Clean spider has risen by 154.04% to Rp1.10 trillion than before Rp433 billion in the year I 2025.

All three emits are CUAN, BREN, and DSSA are setting up a stock buyback action in the midst of significant market conditions.

Prompt to POJK No. 13 / 2023 and SOJK 112 / 2026, the action can be performed without RUPS approval.

CUAN is setting up the most Rp500 billion funds for the buyback. While BREN and DSSA each set up maximum Rp1 trillion funds. The entire fund came from internal cash to each company.

Proforma, payback CUAN will reduce total assets from USD 2,65bn to USD 262bn and total equity of USD 638,37mn to 610.37mng.

Buyback BREN will drop total assets from USD 4.04bn to USD 3,9bn and total equity of USD 944,99mn into USD 89,27mng.

Unlike those two emitents, the DSSA called the buyback action would not lower its income and would increase profit by stock.

All three companies are targeting the action to maintain the stability of the stock price as well as increase value for the shareholders.

Buyback CUAN and BREN began on October 19th to December 31, 2026. While DSSA runs the buyback from October 19th, 2026 to January 18, 2027.

UNTR - Buy 22300-22400

ITMG - Buy 22900-23000

INCO - Buy 3590-3620

PTBA - Buy 2840-2860 SL 124

Remember, all the stock analysts and recommendations in this article are informative at the same time not an invitation to buy or sell certain shares.